Evercore ISI Group maintains Outperform rating, raises PT to $25.

Evercore ISI Group maintains Outperform rating, raises PT to $25.

Evercore ISI Group has reiterated its "Outperform" rating for Apple Inc. (NASDAQ:AAPL) while raising the price target to $250 from $200. This update comes as the company continues to make strides in its services growth, particularly with the recent price hikes on Apple TV+.

The analyst firm notes that the price increases for Apple TV+ are aimed at minimizing churn and boosting services growth. Despite the potential of Apple as an investment, Evercore ISI believes that certain AI stocks offer greater upside potential and carry less downside risk. The firm recommends investors consider these AI stocks for their portfolios, especially those that stand to benefit from Trump-era tariffs and the onshoring trend [2].

References:
[1] https://www.gurufocus.com/news/3075675/evercore-isi-group-initiates-coverage-on-immunome-imnm-with-outperform-rating-imnm-stock-news
[2] https://www.ainvest.com/news/bullish-notes-analysts-initiate-coverage-dorman-products-qxo-netgear-immunome-2508/